The Latin America, Middle East and Africa Nuts Market would witness market growth of 6.6% CAGR during the forecast period (2023-2030).
Consumer awareness of the health privileges of nuts has been a significant driver of the market. Nuts are a nutritional snack due to their high protein content, healthy fats, vitamins, minerals, and antioxidants. The trend toward healthier eating habits has boosted the demand for nuts. The rise in plant-based and vegan diets has contributed to increased nut consumption. Nuts are a valuable source of plant-based protein, making them a suitable option for individuals looking to reduce their meat consumption. Manufacturers have been introducing innovative and convenient nut-based snack products. These include flavored nuts, nut clusters, nut bars, and portable nut packs that cater to consumers seeking on-the-go and healthy snack options.
Nut butter, like groundnut, cashew, and almond butter, has become a versatile and nutritious spread. They are used in sandwiches, smoothies, baking, and as a dip for fruits and vegetables. Consumers are increasingly worried about the sustainability and ethical sourcing of nuts. Sustainable farming practices, fair trade certifications, and transparency in the supply chain have become important factors for consumers when choosing nut products. A trend toward flavored and seasoned nuts has emerged, offering consumers a wide range of flavor profiles, from sweet to savory and spicy. These products cater to diverse taste preferences.
As per the Nuts & Dried Fruits Statistical Yearbook, the UAE’s hazelnuts, walnuts, and peanut import value in 2021 was 3,620 MT, 5,659 MT, and 33,112 MT, respectively. The UAE imports nuts, including almonds, pistachios, walnuts, cashews, and more. This diversity caters to different consumer preferences and culinary applications, making nuts popular among residents and tourists. The UAE's multicultural population and international culinary influence have led to the incorporation of nuts into a broad range of traditional and international dishes. Nuts are commonly used in both savory and sweet dishes. These aspects will drive the market expansion in this region.
The Brazil market dominated the LAMEA Nuts Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $2,493.5 million by 2030. The Argentina market is showcasing a CAGR of 7.1% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 6.3% during (2023 - 2030).
Based on Distribution Channel, the market is segmented into Offline and Online. Based on Product, the market is segmented into Peanuts, Almonds, Cashew, Walnuts, Hazelnuts, Pistachios and Others.Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Worldwide Nuts Market is Projected to reach USD 77 Billion by 2030, at a CAGR of 5.5%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Diamond Foods, LLC, Blue Diamond Growers, Inc., Olam Group Limited, Hines Nut Company, Germack Roasting Company, LLC, Hampton Farms, Mariani Nut Company, Durak Findik, Grower Direct Nut Company, Inc., and John B. Sanfilippo & Son, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Distribution Channel
By Product
- Peanuts
- Almonds
- Cashew
- Walnuts
- Hazelnuts
- Pistachios
- Others
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Diamond Foods, LLC
- Blue Diamond Growers, Inc.
- Olam Group Limited
- Hines Nut Company
- Germack Roasting Company, LLC
- Hampton Farms
- Mariani Nut Company
- Durak Findik
- Grower Direct Nut Company, Inc.
- John B. Sanfilippo & Son, Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Nuts Market, by Distribution Channel
1.4.2 LAMEA Nuts Market, by Product
1.4.3 LAMEA Nuts Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.3 Porter’s Five Forces Analysis
Chapter 4. LAMEA Nuts Market by Distribution Channel
4.1 LAMEA Offline Market by Country
4.2 LAMEA Online Market by Country
Chapter 5. LAMEA Nuts Market by Product
5.1 LAMEA Peanuts Market by Country
5.2 LAMEA Almonds Market by Country
5.3 LAMEA Cashew Market by Country
5.4 LAMEA Walnuts Market by Country
5.5 LAMEA Hazelnuts Market by Country
5.6 LAMEA Pistachios Market by Country
5.7 LAMEA Others Market by Country
Chapter 6. LAMEA Nuts Market by Country
6.1 Brazil Nuts Market
6.1.1 Brazil Nuts Market by Distribution Channel
6.1.2 Brazil Nuts Market by Product
6.2 Argentina Nuts Market
6.2.1 Argentina Nuts Market by Distribution Channel
6.2.2 Argentina Nuts Market by Product
6.3 UAE Nuts Market
6.3.1 UAE Nuts Market by Distribution Channel
6.3.2 UAE Nuts Market by Product
6.4 Saudi Arabia Nuts Market
6.4.1 Saudi Arabia Nuts Market by Distribution Channel
6.4.2 Saudi Arabia Nuts Market by Product
6.5 South Africa Nuts Market
6.5.1 South Africa Nuts Market by Distribution Channel
6.5.2 South Africa Nuts Market by Product
6.6 Nigeria Nuts Market
6.6.1 Nigeria Nuts Market by Distribution Channel
6.6.2 Nigeria Nuts Market by Product
6.7 Rest of LAMEA Nuts Market
6.7.1 Rest of LAMEA Nuts Market by Distribution Channel
6.7.2 Rest of LAMEA Nuts Market by Product
Chapter 7. Company Profiles
7.1 Diamond Foods, LLC (Blue Road Capital)
7.1.1 Company Overview
7.1.2 Recent strategies and developments:
7.1.2.1 Product Launches and Product Expansions:
7.1.3 SWOT Analysis
7.2 Blue Diamond Growers, Inc.
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Recent strategies and developments:
7.2.3.1 Product Launches and Product Expansions:
7.2.4 SWOT Analysis
7.3 Olam Group Limited (Temasek Capital)
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 SWOT Analysis
7.4 Hines Nut Company
7.4.1 Company Overview
7.4.2 SWOT Analysis
7.5 Germack Roasting Company, LLC
7.5.1 Company Overview
7.5.2 SWOT Analysis
7.6 Hampton Farms
7.6.1 Company Overview
7.6.2 SWOT Analysis
7.7 Mariani Nut Company
7.7.1 Company Overview
7.7.2 SWOT Analysis
7.8 Durak Fındık San. ve Tic A.S
7.8.1 Company Overview
7.8.2 SWOT Analysis
7.9 Grower Direct Nut Company, Inc.
7.9.1 Company Overview
7.9.2 SWOT Analysis
7.10. John B. Sanfilippo & Son, Inc.
7.10.1 Company Overview
7.10.2 Financial Analysis
7.10.3 Research & Development Expenses
7.10.4 SWOT Analysis
TABLE 1 LAMEA Nuts Market, 2019 - 2022, USD Million
TABLE 2 LAMEA Nuts Market, 2023 - 2030, USD Million
TABLE 3 LAMEA Nuts Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 4 LAMEA Nuts Market by Distribution Channel, 2023 - 2030, USD Million
TABLE 5 LAMEA Offline Market by Country, 2019 - 2022, USD Million
TABLE 6 LAMEA Offline Market by Country, 2023 - 2030, USD Million
TABLE 7 LAMEA Online Market by Country, 2019 - 2022, USD Million
TABLE 8 LAMEA Online Market by Country, 2023 - 2030, USD Million
TABLE 9 LAMEA Nuts Market by Product, 2019 - 2022, USD Million
TABLE 10 LAMEA Nuts Market by Product, 2023 - 2030, USD Million
TABLE 11 LAMEA Peanuts Market by Country, 2019 - 2022, USD Million
TABLE 12 LAMEA Peanuts Market by Country, 2023 - 2030, USD Million
TABLE 13 LAMEA Almonds Market by Country, 2019 - 2022, USD Million
TABLE 14 LAMEA Almonds Market by Country, 2023 - 2030, USD Million
TABLE 15 AMEA Cashew Market by Country, 2019 - 2022, USD Million
TABLE 16 LAMEA Cashew Market by Country, 2023 - 2030, USD Million
TABLE 17 LAMEA Walnuts Market by Country, 2019 - 2022, USD Million
TABLE 18 LAMEA Walnuts Market by Country, 2023 - 2030, USD Million
TABLE 19 LAMEA Hazelnuts Market by Country, 2019 - 2022, USD Million
TABLE 20 LAMEA Hazelnuts Market by Country, 2023 - 2030, USD Million
TABLE 21 LAMEA Pistachios Market by Country, 2019 - 2022, USD Million
TABLE 22 LAMEA Pistachios Market by Country, 2023 - 2030, USD Million
TABLE 23 LAMEA Others Market by Country, 2019 - 2022, USD Million
TABLE 24 LAMEA Others Market by Country, 2023 - 2030, USD Million
TABLE 25 LAMEA Nuts Market by Country, 2019 - 2022, USD Million
TABLE 26 LAMEA Nuts Market by Country, 2023 - 2030, USD Million
TABLE 27 Brazil Nuts Market, 2019 - 2022, USD Million
TABLE 28 Brazil Nuts Market, 2023 - 2030, USD Million
TABLE 29 Brazil Nuts Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 30 Brazil Nuts Market by Distribution Channel, 2023 - 2030, USD Million
TABLE 31 Brazil Nuts Market by Product, 2019 - 2022, USD Million
TABLE 32 Brazil Nuts Market by Product, 2023 - 2030, USD Million
TABLE 33 Argentina Nuts Market, 2019 - 2022, USD Million
TABLE 34 Argentina Nuts Market, 2023 - 2030, USD Million
TABLE 35 Argentina Nuts Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 36 Argentina Nuts Market by Distribution Channel, 2023 - 2030, USD Million
TABLE 37 Argentina Nuts Market by Product, 2019 - 2022, USD Million
TABLE 38 Argentina Nuts Market by Product, 2023 - 2030, USD Million
TABLE 39 UAE Nuts Market, 2019 - 2022, USD Million
TABLE 40 UAE Nuts Market, 2023 - 2030, USD Million
TABLE 41 UAE Nuts Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 42 UAE Nuts Market by Distribution Channel, 2023 - 2030, USD Million
TABLE 43 UAE Nuts Market by Product, 2019 - 2022, USD Million
TABLE 44 UAE Nuts Market by Product, 2023 - 2030, USD Million
TABLE 45 Saudi Arabia Nuts Market, 2019 - 2022, USD Million
TABLE 46 Saudi Arabia Nuts Market, 2023 - 2030, USD Million
TABLE 47 Saudi Arabia Nuts Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 48 Saudi Arabia Nuts Market by Distribution Channel, 2023 - 2030, USD Million
TABLE 49 Saudi Arabia Nuts Market by Product, 2019 - 2022, USD Million
TABLE 50 Saudi Arabia Nuts Market by Product, 2023 - 2030, USD Million
TABLE 51 South Africa Nuts Market, 2019 - 2022, USD Million
TABLE 52 South Africa Nuts Market, 2023 - 2030, USD Million
TABLE 53 South Africa Nuts Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 54 South Africa Nuts Market by Distribution Channel, 2023 - 2030, USD Million
TABLE 55 South Africa Nuts Market by Product, 2019 - 2022, USD Million
TABLE 56 South Africa Nuts Market by Product, 2023 - 2030, USD Million
TABLE 57 Nigeria Nuts Market, 2019 - 2022, USD Million
TABLE 58 Nigeria Nuts Market, 2023 - 2030, USD Million
TABLE 59 Nigeria Nuts Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 60 Nigeria Nuts Market by Distribution Channel, 2023 - 2030, USD Million
TABLE 61 Nigeria Nuts Market by Product, 2019 - 2022, USD Million
TABLE 62 Nigeria Nuts Market by Product, 2023 - 2030, USD Million
TABLE 63 Rest of LAMEA Nuts Market, 2019 - 2022, USD Million
TABLE 64 Rest of LAMEA Nuts Market, 2023 - 2030, USD Million
TABLE 65 Rest of LAMEA Nuts Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 66 Rest of LAMEA Nuts Market by Distribution Channel, 2023 - 2030, USD Million
TABLE 67 Rest of LAMEA Nuts Market by Product, 2019 - 2022, USD Million
TABLE 68 Rest of LAMEA Nuts Market by Product, 2023 - 2030, USD Million
TABLE 69 Key Information – Diamond Foods, LLC
TABLE 70 Key Information – Blue Diamond Growers, Inc.
TABLE 71 Key Information – Olam Group Limited
TABLE 72 Key Information – Hines Nut Company
TABLE 73 Key Information – Germack Roasting Company, LLC
TABLE 74 Key Information – Hampton Farms
TABLE 75 Key Information – Mariani Nut Company
TABLE 76 Key Information – Durak Fındık San. ve Tic A.S
TABLE 77 Key Information – Grower Direct Nut Company, Inc.
TABLE 78 Key Information – John B. Sanfilippo & Son, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 LAMEA Nuts Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting Nuts Market
FIG 4 Porter’s Five Forces Analysis - Nuts Market
FIG 5 LAMEA Nuts Market share by Distribution Channel, 2022
FIG 6 LAMEA Nuts Market share by Distribution Channel, 2030
FIG 7 LAMEA Nuts Market by Distribution Channel, 2019 - 2030, USD Million
FIG 8 LAMEA Nuts Market share by Product, 2022
FIG 9 LAMEA Nuts Market share by Product, 2030
FIG 10 LAMEA Nuts Market by Product, 2019 - 2030, USD Million
FIG 11 LAMEA Nuts Market share by Country, 2022
FIG 12 LAMEA Nuts Market share by Country, 2030
FIG 13 LAMEA Nuts Market by Country, 2019 - 2030, USD Million
FIG 14 SWOT Analysis: Diamond Foods, LLC
FIG 15 SWOT Analysis: Blue Diamond Growers, Inc.
FIG 16 Swot Analysis: Olam Group Limited
FIG 17 SWOT Analysis: Hines Nut Company
FIG 18 SWOT Analysis: Germack Roasting Company, LLC
FIG 19 SWOT Analysis: Hampton Farms
FIG 20 SWOT Analysis: Mariani Nut Company
FIG 21 SWOT Analysis: Durak Fındık San. ve Tic A.S
FIG 22 SWOT Analysis: Grower Direct Nut Company, Inc.
FIG 23 SWOT Analysis: John B. Sanfilippo & Son, Inc.